Global Vitamins, Minerals and Supplements CDMO Market Insights Forecasts to 2033

• The Global Vitamins, Minerals and Supplements CDMO Market Size was Valued at USD 38.04 Billion in 2023
• The Market Size is Growing at a CAGR of 8.65% from 2023 to 2033
• The Worldwide Vitamins, Minerals and Supplements CDMO Size is Expected to Reach USD 87.17 Billion by 2033
• Asia-Pacific is Expected to Grow the fastest during the forecast period.

The Global Vitamins, Minerals and Supplements CDMO Market Size is Anticipated to Exceed USD 87.17 Billion by 2033, Growing at a CAGR of 8.65% from 2023 to 2033.

Market Overview:

The contract development and manufacturing organization (CDMO) is an association that can help vitamins, minerals and supplements (VMS) brands to develop, produce, and package dietary supplements while safeguarding compliance with regulatory alliance and high-quality production. The increased demand for personalized nutrition is expected to drive the growth of the vitamins, minerals and supplements (VMS) CDMO market.

The contract development and manufacturing organization (CDMO) has provided easy access to production capabilities, minimizing the time needed for facility setup and validation. This will lead to benefits from high economic sales and cost-effective production, hence supporting the growth of the vitamins, minerals and supplements (VMS) CDMO market.

Digital-native brands rely on CDMO partners for manufacturing and packaging that can enhance the growth of the vitamins, minerals and supplements (VMS) CDMO market.

Report Coverage:

This research report categorizes the market for the global vitamins, minerals and supplements CDMO market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global vitamins, minerals and supplements CDMO market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global vitamins, minerals and supplements CDMO market.

Driving Factors:

The rising customer preference for tailored nutrition is a major driver of the VMS CDMO market. To satisfy changing market needs, companies are increasingly looking for CDMO partners who can provide novel formulation skills and flexible manufacturing alternatives. As health awareness grows, particularly among millennials and Generation Z, there is a greater desire for personalized supplement solutions that concentrate on individual health demands and lifestyle preferences.

Restraining Factors:

High amounts of certain vitamins and minerals can be dangerous, especially if taken on a daily basis, which can limit market expansion.

Market Segmentation:

The global vitamins, minerals and supplements CDMO market share is classified into service insights and dosage forms.

• The manufacturing and packaging have a significant share of the market over the forecast period.

Based on the service insights, the global vitamins, minerals and supplements CDMO market is categorized into product formulation and development, manufacturing and packaging, and research & development. Among these, manufacturing and packaging have a significant share of the market over the forecast period. Manufacturing and packaging are vital parts of the supply chain. Several businesses lack the specific equipment, infrastructure, or skills needed to manage the process internally effectively and efficiently. By outsourcing these activities to CDMOs, businesses might focus on their core capabilities. Furthermore, there are other benefits, such as regulatory compliance, cost-effectiveness, and scalability, which tend to drive demand for these services.

• The soft gel is expected to boost the market growth throughout the forecast period.

Based on the dosage forms, the global vitamins, minerals and supplements CDMO market is categorized into tablet and capsules, powder, and soft gel. Among these, the soft gel is expected to boost the market growth throughout the forecast period. The soft gel market is experiencing robust growth, with increasing demand from both consumers and manufacturers, leading brands to rely on CDMOs due to their lack of in-house manufacturing capabilities. CDMOs specializing in soft gel production offer valuable expertise in formulation and innovative product development, enhancing efficacy and consumer appeal.

Regional Segment Analysis of the Global Vitamins, Minerals and Supplements CDMO Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is projected to hold the largest share of the global vitamins, minerals and supplements CDMO market over the forecast period.

North America is projected to hold the largest share of the global vitamins, minerals and supplements CDMO market over the forecast period. The region's strict regulatory system assures compliance and quality assurance, providing brands with trust in their offerings. North American CDMOs are leaders in innovation and R&D, developing effective supplements to match changing consumer tastes. Furthermore, market consolidation is driving CDMOs to provide comprehensive, one-stop-shop solutions for formulation, production, and packaging, thereby streamlining operations and lowering brand risks.

Asia-Pacific region is expected to fastest CAGR growth during the forecast period. The region's strong rise is attributed to consumers' increasing awareness of the benefits of functional food. Furthermore, the growing tendency to outsource manufacturing and medication development, as well as advancements in ingredient research and development, are crucial factors leading to the region's market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global vitamins, minerals and supplements CDMO market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies:

• Aenova Group
• Catalent Inc
• CAPTEK Softgel International Inc
• Health Wright Products, Inc
• INPHARMA S.p.A
• Lonza, NutraScience LabsPLT Health Solutions
• Robinson Pharma, Inc.
• SFI Health
• Sirio Pharma
• Softigel
• Akums Drugs and Pharmaceutical Ltd
• Atlantic Essential Products, Inc
• B&D Nutritional Ingredients
• Gemini Pharmaceuticals
• LiquidCapsule
• Martinez Nieto
• MediGrün Naturprodukte GmbH
• Nutraceuticals International Group
• Recipharm AB
• Rain Nutrience
• Nutrilo GmbH
• CVC Credit
• US Pharma Lab
• Others

Key Market Developments:

• In July 2023, CVC Credit is pleased to announce that it recently led the provision of senior facilities to support the acquisition of US Pharma Lab, a US-based contract development and manufacturing organization ("CDMO"), by Biofarma Group ("Biofarma"), a leading European provider of food supplements, probiotic-based products, and medical devices owned by Ardian.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global vitamins, minerals and supplements CDMO market based on the below-mentioned segments: 

Global Vitamins, Minerals and Supplements CDMO Market, By Service Insights

• Product Formulation and Development
• Manufacturing and Packaging
• Research & Development

Global Vitamins, Minerals and Supplements CDMO Market, By Dosage Forms

• Tablet and Capsules
• Powder
• Soft Gel

Global Vitamins, Minerals and Supplements CDMO Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa